COMP <GO>
BH vs PG // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Biglari Holdings Inc. (Class B) (NYSE) VS. Procter & Gamble Company (NYSE) • 15-METRIC TALLY: BH 3
— PG 5
■ METRIC PARITY
LAST: $390.32 (+1.47%) • MKT CAP: $908.1M
options-implied-move
—
LAST: $160.59 (+1.47%) • MKT CAP: $372.21B
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BH VS. PG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BH | PG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 59.20% | 51.20% | +8.00 | BH | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -7.20% | 25.40% | -32.60 | PG | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 16.2x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.44% | 3.77% | +4.67 | BH | /fcf-yield <GO> |
| Operating Margin | — | 24.30% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -9.50% | 19.00% | -28.50 | PG | /net-margins <GO> |
| Revenue Growth (YoY) | 9.20% | 0.30% | +8.90 | BH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.65% | -2.65 | PG | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | 5.59 | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.5 | 60.3 | -7.77 | PG | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.87 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 21.7x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $908.1M | $372.21B | -$371.30B | PG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BH REV | PG REV | BH GROSS % | PG GROSS % | BH FCF | PG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $395.3M | $84.28B | 59.2% | 51.2% | $76.6M | $14.04B |
| FY 2024 | $362.1M | $84.04B | 60.4% | 51.4% | $19.1M | $16.52B |
| FY 2023 | $365.3M | $82.01B | — | — | $73.0M | $13.16B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BH // BETA —
PG // BETA 0.87